Doordash Q4 revenue preview: all annual subscriber numbers, order frequency – doordash (NASDAQ: dash)

Doordash, Inc. sprint Its fourth-quarter results will be reported Tuesday after the closing ceremony. This is a expectation.

What to watch: Investors will focus on the latest information on earnings trends, market government growth, and forward guidance from companies.

Doordash’s annual subscriber disclosure is also expected to be through the quarterly report, which shows that subscribers reached 18 million by the end of 2023.

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JMP Analyst Andrew Boone A preview of earnings was released on Doordash last Thursday and is expected to report growth in initial orders for government and new customers based on restaurant and grocery order frequency, and growth in initial orders for government and new customers.

Boone also noted that Doordash launched its offsite advertising solution in the fourth quarter, which could lead to revenue growth. Analysts say Doordash’s advertising load remains behind its peers, but the company “has a lot of runways to expand its advertising business over time.”

JMP reiterated its market outperforms the highest rating and price target of Doordash stocks at $200.

Doordash stock has a consensus target price of $179.47, with the high-value stock issued by KeyBanc in January at $225, while Wedbush issued $115 in August 2024, according to ratings from 33 analysts.

According to Benzinga Pro estimates, analysts expect the company to report quarterly revenue of 33 cents a share, with revenue of $2.84 billion. Doordash beat third-quarter earnings expectations by more than 72%.

The price action of the dash: Doordash stock rose 7.49% to $34.69 at its Monday meeting when it was published on Monday, according to Benzinga Pro.

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